Indian ferrous scrap import prices stable on high freight costs
Apr 11, 2012 | 10:53 AM
High container freight costs for April and May shipment have kept imported ferrous scrap offer prices into India unchanged this week, market participants told Metal Bulletin.
Buying interest was thin among Indian mills, with finished product prices and a weak rupee putting importers off scrap bookings.
Offer prices for shredded material in containers were at $490-495 per tonne cfr Nhava Sheva, unchanged from April 3.
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.